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Jan 27, 2013
01/13
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two major points are coming up. the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure, but it was also year after year of balanced budgets and some of 9 most fiscally responsible policies from congress we have seen in modern times. \[applause] the only hope of getting anything affirmative done is requesting to come from those leverage points because president obama has indicated, sadly, he has no interest in being bill clinton. he has no interest in tacking to the middle. he has no interest in compromising with anybody, and the only way we're going to restrain the out of control spending and debt that's threatening our future is to use those leverage points to
two major points are coming up. the continuing resolution and the debt ceiling. both of those are coming up in the next couple of months. those are leverage points that are the mirror image of the fiscal cliff. those are leverage points that if nothing passes the result is not a default on the debt. that's scaremongering from the president. those are temporary partial shutdowns. we've seen that before in 1995 when republicans stood together, and the result was some political pain, to be sure,...
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Jan 26, 2013
01/13
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we are not going to just keep raising the debt ceiling, we are going to make a down payment on debt reduction and we are going to putt -- we are going to point the country in the right direction. we are going to cut spending. [applause] there will be times when conservatives disagree on the way forward. we never marched in lockstep. we can deliver it in private. all we should ask for each other is that we give an honest account of our actions and the reasons for them. we should challenge the left, not each other. if we take a prudent course we will be in very good company. take james madison. nowadays we call him the founder and the father of the constitution. but at the constitutional convention he lost key arguments. he fought to give each state the same number of seats in the senate. he wanted to give congress more power. he wanted them to be able to be tough state laws. in both cases, he argued vigorously for his side. in both sets -- in both cases he lost. when it came to ratify the when it came time to ratify the constitution, there was no better person than james madison. he led the ch
we are not going to just keep raising the debt ceiling, we are going to make a down payment on debt reduction and we are going to putt -- we are going to point the country in the right direction. we are going to cut spending. [applause] there will be times when conservatives disagree on the way forward. we never marched in lockstep. we can deliver it in private. all we should ask for each other is that we give an honest account of our actions and the reasons for them. we should challenge the...
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Oct 13, 2013
10/13
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your annual budget and opportunities to raise the debt ceiling. what is important is you take the issues, try to get some concessions are you do not have to raise the debt ceiling the next time. this is your only opportunity to exercise controls on spending. but the system counts on the people coming together. it has gotten to the point now where it is out of hand. guest: you get to the point where you get the best deal you can. both sides do not get what they want, but they get something. i guess this is going to happen october 17. sure scares tuple. guest: it's not just brinkmanship, but america's reputation overseas. host: caller, you are on the air. caller: hello, everyone. i think we see -- host: all right, let's move on to nicole in jackson city. caller: i was calling to talk but the government shutdown. i have a niece. she is in college. her child was in head start. the thing with parents -- they have to overcome and yesterday in the grocery store, there was a woman in there behind her. they had 9 children. they got the groceries. they coul
your annual budget and opportunities to raise the debt ceiling. what is important is you take the issues, try to get some concessions are you do not have to raise the debt ceiling the next time. this is your only opportunity to exercise controls on spending. but the system counts on the people coming together. it has gotten to the point now where it is out of hand. guest: you get to the point where you get the best deal you can. both sides do not get what they want, but they get something. i...
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Aug 11, 2013
08/13
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i compared the point in the fight with that with the debt ceiling fight in 2011. the thing we found is more people were reading stories about the fiscal cliff at that exact point in that debate than they were in 2011, despite the fact that they had just gone through grueling election where no one wanted to talk about politics. it was right before christmas. we were surprised that there were not many people. i think it is indicative of a shift that is going on in the public. i do think people are more engaged in politics than they have been in a few years. probably because they're frustrated. partly because they are increasing able to see the people they see with and agree with and that keeps them more engaged. the fights right now become these life-and-death sort of deals. that gives me a lot of hope that we're finding a white, even if we do not understand how we're doing, it, people and keep them engaged with what is going on. i think one of the things that we try to do that helps with that is to try to find ways to make things a little bit more personal. i did a
i compared the point in the fight with that with the debt ceiling fight in 2011. the thing we found is more people were reading stories about the fiscal cliff at that exact point in that debate than they were in 2011, despite the fact that they had just gone through grueling election where no one wanted to talk about politics. it was right before christmas. we were surprised that there were not many people. i think it is indicative of a shift that is going on in the public. i do think people...
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Oct 13, 2013
10/13
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point if we don't raise the debt ceiling, it will become disruptive. ongoing tax revenue is only about 85% of all the money this government intends to spend in the coming fiscal year. get 85% of everything we intend to spend and tax revenue, the shortfall would have to be covered by borrowing or else we would not be able to pay everything in full and on time. that would be disruptive. but the greatest disruption by far would occur if you were to choose to not pay interest on our debt. senator cantwell made a very compelling argument about the role treasuries play in the world. my question to you, mr. secretary, as secretary of the treasury, are you prepared to and portly the millions of americans who are investors in u.s. treasuries securities and the entire american economy, that under no circumstances will you permit a missed payment on a u.s. treasury security obligation? >> the only way to make sure we pay all of our obligations as for congress to act and raise the debt limit. no president has ever had to decide whether to pay some bills and not ot
point if we don't raise the debt ceiling, it will become disruptive. ongoing tax revenue is only about 85% of all the money this government intends to spend in the coming fiscal year. get 85% of everything we intend to spend and tax revenue, the shortfall would have to be covered by borrowing or else we would not be able to pay everything in full and on time. that would be disruptive. but the greatest disruption by far would occur if you were to choose to not pay interest on our debt. senator...
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Oct 6, 2013
10/13
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the common denominator is that they are paired with an increase in the debt ceiling. the point i am trying to make is hat this is unprecedented. perhaps they ought to take a loser look at history. they wrote an op-ed in the wall street journal entitled obama rewrites the debt limit history. this characterizes it in a more accurate way. according to the research service, they voted 63 times to change the debt ceiling. they go on to write that congressional republicans who won legislative conditions are following a strategy that has been pursued by both parties the majority of the time. of the 53 increases, 26 were clean, standalone. no strings attached. the remaining debt limit increases were part of an omnibus package of other bills or continuing resolutions. other times it was paired with reforms only some of which were limited to the budget. to reiterate, after 53 increases in the debt limit, less than alf were stand-alone measures. the others had other legislation associated with them. to make that happen again, what we need is leadership. we need a president to ma
the common denominator is that they are paired with an increase in the debt ceiling. the point i am trying to make is hat this is unprecedented. perhaps they ought to take a loser look at history. they wrote an op-ed in the wall street journal entitled obama rewrites the debt limit history. this characterizes it in a more accurate way. according to the research service, they voted 63 times to change the debt ceiling. they go on to write that congressional republicans who won legislative...
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Jan 27, 2013
01/13
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[applause] the house will not consider another vote to increase the debt ceiling unless the senate passes a budget. we are going to point the country in the right direction. we are going to cut spending. [applause] it will be times when conservatives disagree on the way forward. we have never marched in lockstep. that is not what we do. and healthy debate is a good and needed thing. we can do that in private without doing it in public. we need to give an honest account of our actions and the reasons for that. we should challenge the left and not each other. our founders were men of prudence. take james madison. nowadays they call him the founder of the constitution. he lost some key governments -- arguments. he fought for plan to give the states the same number of states in the government. he wanted to give congress even more power. he wanted it to be able to veto state laws. madison argued vigorously for his side. when it came time to ratify the constitution, there was no greater advocate and james madison. he helped write editorials and called it the federalist papers. he led the charge
[applause] the house will not consider another vote to increase the debt ceiling unless the senate passes a budget. we are going to point the country in the right direction. we are going to cut spending. [applause] it will be times when conservatives disagree on the way forward. we have never marched in lockstep. that is not what we do. and healthy debate is a good and needed thing. we can do that in private without doing it in public. we need to give an honest account of our actions and the...
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Sep 22, 2013
09/13
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from your point of view, could you get back to the republicans and work on the debt ceiling and sequestration? >> thank you. i think we are hearing about four questions. >> very briefly, i do not know what will happen. spending bills originate in the house of representatives. i really do not know what will happen. we have seen the movie before of shutting down the government. a liberal said that this idea of demanding the repeal of obamacare was a suicide note on part of the republicans. i agree with what was said. look, this president and i have a relationship that i value. we work together on immigration reform, tried to get the debt issue under control. i supported him on the initial action when syria -- there is no -- i have a cordial relationship with the president. there is no ill will there. i think that is important. they disagree when they disagree and agree when they agree. i think that is how we should function. i have a lot of respect for the president of the united states. in many ways including his ability to communicate with the american people as he proved in his reelection ca
from your point of view, could you get back to the republicans and work on the debt ceiling and sequestration? >> thank you. i think we are hearing about four questions. >> very briefly, i do not know what will happen. spending bills originate in the house of representatives. i really do not know what will happen. we have seen the movie before of shutting down the government. a liberal said that this idea of demanding the repeal of obamacare was a suicide note on part of the...
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Nov 16, 2013
11/13
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ceiling taxes coming around february 7th. delayed maintenance of our construction is a tax because at some point it will have to be replaced. and i'd love to know whether there's been any analysis made on that subject. and third, i know senator portman and i have gone around and around on this. and this was just raised by percent of revenues. i would simply point out one of the reasons why we have a 17 trillion dollar debt is that based upon historic revenue numbers we've never -- we've always been at an annual deficit. the only times we've had a surplus within the last 30 years is when revenues have been between 19.5% and 21%. anything at the lower rates, we'll be in deficit. i will simply say even with entitlement reform, and stroingly believe in entitlement reform, i guess i question on a going forward basis and even look at your numbers with revenues that i -- at a higher rate that still below 19 were still in that gap. two questions. one, because of the demographic bulge, it's hard to imagine how you're going to be able
ceiling taxes coming around february 7th. delayed maintenance of our construction is a tax because at some point it will have to be replaced. and i'd love to know whether there's been any analysis made on that subject. and third, i know senator portman and i have gone around and around on this. and this was just raised by percent of revenues. i would simply point out one of the reasons why we have a 17 trillion dollar debt is that based upon historic revenue numbers we've never -- we've always...
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Oct 27, 2013
10/13
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ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. >> over here. >> congressman, retired. what about the use of drones? dod is constrained. cbp, not so much. your thoughts? >> that is not the topic this morning. i am more focused on the aumf. we have had that issue, it is not just drones, cameras have proliferated. there is a controversy in seattle, they wanted to put up campbell's -- they wanted to put up cameras in the port of seattle. they have been counties and cities that want drones, people are concerned. i can give a lengthy answer about policy applications of that, i will say it is a big challenge. a lot of times you do not have that information. you think about the people we have captured -- the bombing and b -- the bombing in boston, there were a lot of cameras around. it is security versus liberty, that is getting increasingly confiscated due to technology. >> how about right in the back. >> thank
ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. >> over here. >> congressman, retired. what about the use of drones? dod is constrained. cbp, not so much. your thoughts? >> that is not the topic this morning. i am more focused on the aumf. we have had that issue, it is not just drones, cameras have proliferated. there is a controversy in seattle, they wanted to...
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Oct 13, 2013
10/13
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the debt ceiling increase and we adopted the budget control act, which put into effect our ability to deal at least with discretionary spending. although we can argue over whether that was done well or whether it could have been done better, the fact is that that debt ceiling increase was accompanied by some fiscal reforms. that is what we are trying to achieve here today. >> senator reed? >> thank you very much. mr. benson, if we default next week, even technically, your view, i believe, is that will make our ability to do almost everything, including deal with the long-term economic problems, much more difficult. is that fair? >> first of all, you made this comment in your opening statement. we are already seeing the risk premium being priced into the market today. the short end of the treasuries are up 30 basis points. a dramatic shift. the haircuts of repose are going up. the pricing effect is already happening. if we miss a coupon, we would assume that that pricing effect would be exacerbated. the other thing that we think would happen -- again, our members are working to gain th
the debt ceiling increase and we adopted the budget control act, which put into effect our ability to deal at least with discretionary spending. although we can argue over whether that was done well or whether it could have been done better, the fact is that that debt ceiling increase was accompanied by some fiscal reforms. that is what we are trying to achieve here today. >> senator reed? >> thank you very much. mr. benson, if we default next week, even technically, your view, i...
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Sep 15, 2013
09/13
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by the way, the debt ceiling is money that we have authorized. to use that as leverage, can't be done. with all the issues out there, syria, al qaeda, china, all the things we are dealing with as a country, i would think this might help bring us together. mike and i have a very unique relationship. we are the only bipartisan committee on the hill. people know it on both sides of the aisle. we are out there. we are able to cut a billon dollars. the way we did it, we looked at each program and said, we have to cut like everyone else. but let's negotiate it. we are ok for this year, but the next round, if this continues, we will be in deep trouble. we will be weaker as a nation. let's not forget about education. medical issues and those type of things also. >> last question, this is an audience question to mike rogers. is it feasible to be able to get them under international control? also, can you do that without u.s. boots on the ground? >> the decisions 24 months ago look a lot better. they looked better 18 months ago. they look pretty awful toda
by the way, the debt ceiling is money that we have authorized. to use that as leverage, can't be done. with all the issues out there, syria, al qaeda, china, all the things we are dealing with as a country, i would think this might help bring us together. mike and i have a very unique relationship. we are the only bipartisan committee on the hill. people know it on both sides of the aisle. we are out there. we are able to cut a billon dollars. the way we did it, we looked at each program and...
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Oct 27, 2013
10/13
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ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute]
ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute]
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Oct 12, 2013
10/13
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a vote in the senate failed to raise the debt ceiling until next year. that is a measure that senator collins of maine was working on. talks have stalled between the house and president obama. we want to hear what you have to say about the government shut down. we will take your calls in a moment. democrats in the senate are expected to speak any time now. but while we wait for them to show up here in the capitol, we are going to take your calls. the numbers are on your screen, and if you are joining us by c- span radio, those numbers are for republicans -- 3885.85- 585-3886.rats -- 202- let us know of what you think of the affordable care act and some of the health exchanges that opened a couple of weeks ago. of course, the continuing come in shutdown and 812 -- the continuing government shutdown in day 12. you can join us on twitter. while we are waiting for your phone calls, i will read a couple from viewers. daniel says "this country has had enough continuing resolutions passed. an actual budget needs to be past this and every fiscal year." " senate
a vote in the senate failed to raise the debt ceiling until next year. that is a measure that senator collins of maine was working on. talks have stalled between the house and president obama. we want to hear what you have to say about the government shut down. we will take your calls in a moment. democrats in the senate are expected to speak any time now. but while we wait for them to show up here in the capitol, we are going to take your calls. the numbers are on your screen, and if you are...
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Sep 29, 2013
09/13
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during the first 1995 shutdown, 800,000 workers were furloughed and during the debt ceiling fight in 2011, the dow jones industrial average tumbled 1,700 points or nearly 14%. let's stop the antics and govern, not shut down the government of the united states. i ask my colleagues to vote against this measure and support economic growth. mr. sessions: mr. speaker, thank you. one of the most commonsense classes that we've ever had of new members of congress has arrived in washington and they're in their first year. and they're seeing some amazing things that are happening. i'd like to yield two minutes to one of these new freshman, gentleman from north carolina. the speaker pro tempore: the gentleman from north carolina is recognized for two minutes. mr. pittenger: thank you, mr. speaker. let's talk about responsible tonight, mr. speaker -- responsibility tonight, mr. speaker. we get notices from our constituents of the last many weeks that their premiums now, they're getting their notices, they're going up. i had one doctor who wrote me, with his family it's gone up 200%. $11,000 dedu
during the first 1995 shutdown, 800,000 workers were furloughed and during the debt ceiling fight in 2011, the dow jones industrial average tumbled 1,700 points or nearly 14%. let's stop the antics and govern, not shut down the government of the united states. i ask my colleagues to vote against this measure and support economic growth. mr. sessions: mr. speaker, thank you. one of the most commonsense classes that we've ever had of new members of congress has arrived in washington and they're...
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Oct 27, 2013
10/13
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ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] and is in you think you are german. i should take this opportunity to tell each of you and thank you for your service to our country and to your families' service and sacrifice. that means a lot to all of us here. mr. turner just touched on what i was going to ask to general berkeley as a relates to overall priorities when it comes to acquisition and procurement, but also from a development standpoint. i will just defer to the two of you to determine who is best to answer my next question. the i tap program was a key priority for the army. i know you mentioned in your written testimony that the program would be placed at risk. can you elaborate on that as to whether it remains a priority and to what extent the sequester may impact the army acquisit
ceiling, that undermines our ability. i hope that at some point we will get over this. that makes it more difficult. it is too important a problem to walk away from. [captions copyright national cable satellite corp. 2013] [captioning performed by national captioning institute] and is in you think you are german. i should take this opportunity to tell each of you and thank you for your service to our country and to your families' service and sacrifice. that means a lot to all of us here. mr....
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Oct 21, 2013
10/13
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ceiling crisis. host: we should point out that there were a series of contributors to this, but the president has taken more trips to self korea then to south carolina, "having visited the citizens of denmark twice, gone to kentucky wants your co-is that important? guest: we wrote about john boehner and obama in this story to give you this balance, really trying to show that the problem goes all around for why things have this underlying broken nature. people probably remember that obama in 2004 at the democratic convention in boston said that there was one america and he has not really been able to fulfill that as far as bringing the country together. that story, talking about his inability to do that. we are clearly more divided today than he hoped we would be when he took office. host: what was your one take away from "broken city"? guest: that things are worse than we thought in a new creative ways. that things got really bad. things are worse than we thought heading into this. host: there is a q
ceiling crisis. host: we should point out that there were a series of contributors to this, but the president has taken more trips to self korea then to south carolina, "having visited the citizens of denmark twice, gone to kentucky wants your co-is that important? guest: we wrote about john boehner and obama in this story to give you this balance, really trying to show that the problem goes all around for why things have this underlying broken nature. people probably remember that obama...